 |
Louisiana Light • 3 days | 84.63 | -0.52 | -0.61% | ||
|
Bonny Light • 3 days | 84.37 | +1.33 | +1.60% | ||
|
Opec Basket • 3 days | 83.42 | +0.06 | +0.07% | ||
|
Mars US • 16 hours | 80.91 | +0.86 | +1.07% | ||
|
Gasoline • 10 mins | 2.530 | +0.048 | +1.93% |
|
Bonny Light • 3 days | 84.37 | +1.33 | +1.60% | ||
|
Girassol • 3 days | 84.48 | +1.33 | +1.60% | ||
|
Opec Basket • 3 days | 83.42 | +0.06 | +0.07% |
|
Peace Sour • 10 hours | 77.61 | +1.26 | +1.65% | ||
|
Light Sour Blend • 10 hours | 78.51 | +1.26 | +1.63% | ||
|
Syncrude Sweet Premium • 10 hours | 82.11 | +1.26 | +1.56% | ||
|
Central Alberta • 10 hours | 77.76 | +1.26 | +1.65% |
|
Eagle Ford • 3 days | 81.66 | +1.26 | +1.57% | ||
|
Oklahoma Sweet • 3 days | 80.25 | +1.25 | +1.58% | ||
|
Kansas Common • 3 days | 74.00 | -9.12 | -10.97% | ||
|
Buena Vista • 3 days | 87.95 | +1.01 | +1.16% |
Oil Falls From Multi-Year Highs
Oil prices reversed course on…
Refining Billionaire: $100 Oil Is Likely
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Energy / Oil Prices
Are Oil Prices Heading To $64 or $200? Depends On Who You Ask
Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil…
Oil Slides After China Unexpectedly Releases Crude From National Reserve
Just hours after China revealed yet another high in producer price inflation, Beijing has taken the unprecedented step of releasing oil from its national crude reserve to "alleviate raw material…
Oil Prices Bounce Back On Continued Supply Disruptions
Oil prices rebounded early on Wednesday, rising by more than 1 percent, as nearly 80 percent of the total crude oil production in the U.S. Gulf of Mexico remains shut-in…
Lukoil: OPEC+ Aims To Keep Oil Price In The $65-75 Range
The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov,…
Oil Erases Early Gains On Stronger Dollar And Demand Concerns
Oil prices erased earlier gains and fell on Tuesday morning as a rising U.S. dollar and concerns about demand weighed on market sentiment. As of 8:40 a.m.…
Fed Taper Delay Could Directly Benefit Oil Prices
After breaking the WTI $70 resistance level Thursday with 2.8% gains for both key benchmarks, prices have since slid, but with a weaker-than-expected jobs report, the Fed…
WTI Oil Jumps Above $70 On Bullish U.S. Demand Data
Oil prices rose by more than 2 percent early on Thursday, with WTI Crude trading above $70 a barrel for the first time in a month, driven by bullish U.S.…
Analysts: Oil Prices Won’t Go Much Higher This Year
The surge in COVID cases globally could slow oil demand recovery, which will not leave much upside for oil prices for the rest of 2021, analysts told the monthly
Oil Poised For Monthly Loss Despite Supply Outages
Crude oil has had an interesting August, but on the whole, prices are likely to end the month lower than they started it. West Texas Intermediate shed some 6…
Oil Could Be Primed For Up To 50% Rally, Strategist Says
The price of WTI crude oil could be headed for a jump of between 20 percent and 50 percent, judging from a bullish breakout pattern that suggests a major rally…
Oil Prices Flat As Mexico Looks To Restore Production
Mexico's Pemex has restored about 17 percent of the more than 400,000 bpd in oil production it lost due to a fire that erupted on an offshore platform…
Why Pfizer’s FDA Approval Has Been A Boon For Oil Prices
The recent resurgence in Covid-19 infections in many parts of the world led not just to a slump in oil prices but growing pessimism about the prospects of…
Brent Climbs Back Above $70 On Major Production Outage
Oil prices extended Monday’s 5-percent gain early into Tuesday, as concerns about global demand started to ease while a major outage in Mexico supported prices on the supply side. As…
Oil Set For Longest Losing Streak Since 2019
Oil prices fell on Friday morning for the seventh day in a row, which would be the longest run of daily declines since 2019, amid growing concerns about global oil…
‘Skimming Stones’ Pattern Shows Wall Street Is Wrong About Oil
About a week ago, President Joe Biden made a highly unusual move by reaching out to OPEC, urging the cartel to…
Oil Sinks On Signals Fed May Soon End Stimulus
West Texas Intermediate sank to $63 per barrel after news reports suggested the Federal Reserve is about to start winding down its bond-buying program that kept the economy going…
Oil Prices Unlikely To Collapse Any Time Soon
You wouldn’t believe the oil price had been quietly falling since early July when you went to fill up your tank this summer. Gasoline demand is…
Oil Prices Set For Longest Losing Streak Since March
After tentatively rising in Asian trade, oil prices reversed course and fell on Tuesday morning, poised for a fourth consecutive day of losses, which would be the longest losing streak…
The Main Reason Oil Prices Won't Go Above $80 Per Barrel
As highlighted repeatedly by OilPrice.com there are two extremely powerful reasons why the oil price has been effectively capped around US$75-80 per barrel of…
Oil Sinks As Demand Outlook Worsens
Oil prices dropped by more than 2 percent early on Monday, as weak data about China's economy and ultra-low U.S. consumer confidence weighed on the immediate global oil demand outlook.…
